HousingWire’s RMD spoke with two real estate agents about the HECM for Purchase program as a viable source of business.

Reverse mortgages are loans and annuities are insurance, but both generate a steady stream of income for retirement. Your ...

Weigh the pros and cons of using a reverse mortgage How does a reverse mortgage work? Generally ... sale price (if HECM is being used for a home purchase) Other factors that affect how much ...

The reverse mortgage industry is ready to hit the ground running in its efforts to connect with new clients in 2025.

Here’s how Fairway’s reverse mortgage for purchase works: you use your own funds to make a down payment on a new home and use ...

He can do a reverse mortgage to access the equity in the house to give to his wife, who can use that money as a down payment on the purchase of ... owe the bank.” I work with divorce lending ...

A reverse mortgage can allow older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the loan isn't ...

Teresa Ghilarducci Ph.D. is an Economics Professor. I am unsure the reverse mortgage industry is sound. It is regulated by various different agencies including the embattled Consumer Financial ...

However, there are some downsides to consider, which may make seniors reluctant to sign up. Here's what you need to know about how these loans work and their pros and cons. Reverse mortgages are ...

Liberty Reverse Mortgage is a direct reverse mortgage lender that specializes in home equity conversion mortgage (HECM), HECM for purchase and reverse mortgage refinancing. Liberty Reverse ...